The company reported third quarter sales at $56.6 billion, below the consensus estimate of $57.1 billion, but above the year-ago level of $43.74 billion.
Net income reached $2.9 billion with EPS at $5.75, compared with expectations it would hit $3.14 and the year-ago mark of $0.52.
Shares of Amazon fell 5% to $1,692.25 in afterhours trade, having closed on Thursday up 7.09% to $1,782.17.
"Amazon Business has now reached a $10 billion annual sales run rate and is serving millions of private and public-sector organizations in eight countries,” said Jeff Bezos, Amazon founder and CEO.
Among the company's highlights for the quarter are the introduction by Amazon of a new family of Echo devices and the all-new Fire HD 8 tablet among others.
Amazon expanded grocery delivery from Whole Foods Market through Prime Now.
Reporting by Rene Pastor, contactable on [email protected]