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