| RENTRAK CORPORATION |
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| CONSOLIDATED STATEMENTS OF OPERATIONS |
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(UNAUDITED) |
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Three Months
Ended December 31, 2003 |
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ENTERTAINMENT |
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FULFILLMENT |
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TOTAL |
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| REVENUES: |
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PPT |
$ 17,291,343 |
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$ - |
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$ 17,291,343 |
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Other |
2,111,387 |
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- |
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2,111,387 |
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| REVENUES |
$ 19,402,730 |
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$ - |
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$ 19,402,730 |
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| OPERATING COSTS AND EXPENSES: |
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| Cost of sales |
14,523,959 |
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(528,431) |
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13,995,528 |
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| Selling, general, and administrative |
3,963,183 |
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(2,425) |
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3,960,758 |
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| Asset Impairment |
- |
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- |
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- |
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18,487,142 |
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(530,856) |
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17,956,286 |
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| INCOME
FROM OPERATIONS |
915,588 |
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530,856 |
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1,446,444 |
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| OTHER INCOME (EXPENSE): |
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| Interest income |
24,762 |
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16,263 |
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41,025 |
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| Interest expense |
(1,647) |
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(768) |
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(2,415) |
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Other |
- |
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- |
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- |
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23,115 |
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15,495 |
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38,610 |
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| INCOME
FROM CONTINUING |
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| OPERATIONS BEFORE INCOME TAX |
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| PROVISION |
938,703 |
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546,351 |
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1,485,054 |
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| INCOME
TAX PROVISION |
356,707 |
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207,173 |
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563,880 |
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| INCOME
FROM CONTINUING |
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| OPERATIONS |
581,996 |
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339,178 |
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921,174 |
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| LOSS
FROM DISCONTINUED |
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| OPERATIONS, NET OF TAX BENEFIT |
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| OF $78,850 |
(128,649) |
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- |
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(128,649) |
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| NET INCOME |
$ 453,347 |
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$ 339,178 |
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$ 792,525 |
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| NET
INCOME PER SHARE: |
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| Basic: |
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Continuing operations |
$ 0.06 |
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$ 0.03 |
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$ 0.09 |
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| Discontinued operations |
(0.01) |
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-
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(0.01) |
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| Total |
$ 0.05 |
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$ 0.03 |
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$ 0.08 |
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| Diluted: |
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Continuing operations |
$ 0.06 |
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$ 0.03 |
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$ 0.09 |
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| Discontinued operations |
(0.01) |
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-
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(0.01) |
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| Total |
$ 0.05 |
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$ 0.03 |
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$ 0.08 |
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