RENTRAK CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
Nine Months Ended December 31,
2003 2002
REVENUES:
   PPT  $            42,528,137  $            50,697,581
   Other                   9,833,900                 13,784,172
REVENUES  $            52,362,037  $            64,481,753
OPERATING COSTS AND EXPENSES:
   Cost of sales                 40,358,628                 53,330,943
   Selling, general, and administrative                 12,714,726                 11,299,645
   Net gain from litigation settlement                                   -                     (361,847)
   Asset Impairment                                   -                                   -
                53,073,354                 64,268,741
INCOME (LOSS) FROM OPERATIONS                     (711,317)                      213,012
OTHER INCOME (EXPENSE):
   Interest income                      163,892                        82,854
   Interest expense                       (10,240)                                   -
   Gain (Loss) on sale of investments                                   -                                   -
   Gain on Rentrak Japan transaction                                   -                                   -
                     153,652                        82,854
INCOME (LOSS) FROM CONTINUING
OPERATIONS BEFORE INCOME TAX
   PROVISION (BENEFIT)                     (557,665)                      295,866
INCOME TAX PROVISION (BENEFIT)                     (211,913)                      112,429
INCOME (LOSS) FROM CONTINUING
    OPERATIONS                     (345,752)                      183,437
LOSS FROM DISCONTINUED
    OPERATIONS, NET OF TAX BENEFIT
    OF $78,850 AND $304,367                     (128,649)                     (496,599)
NET LOSS  $                (474,401)  $                (313,162)
NET INCOME (LOSS) PER SHARE:
    Basic:
       Continuing operations  $                       (0.04)  $                         0.02
       Discontinued operations                           (0.01)                           (0.05)
           Total  $                       (0.05)  $                       (0.03)
    Diluted:
       Continuing operations  $                       (0.04)  $                         0.02
       Discontinued operations                           (0.01)                           (0.05)
           Total  $                       (0.05)  $                       (0.03)
The accompanying notes are an integral
part of these consolidated statements.