RENTRAK CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
	Nine Months Ended Dec. 31, 2003
	(Restated)
	ENTERTAINMENT		FULFILLMENT		TOTAL
REVENUES	$          48,747,521		$               5,154,443	(1)	$       53,901,964
OPERATING EXPENSES:
Cost of sales	37,377,857	(1)	5,724,602		42,572,315
Selling and administrative	11,564,827		738,170		12,302,997
	48,942,684		6,462,772		54,875,312
INCOME (LOSS) FROM OPERATIONS	(195,163)		(1,308,329)		(973,348)
OTHER INCOME (EXPENSE):
Interest income	76,465		87,427		163,892
Interest expense	(5,076)		(5,164)		(10,240)
	71,389		82,263		153,652
INCOME BEFORE TAXES	(123,774)		(1,226,066)		(819,696)
PROVISION FOR INCOME TAXES	(30,944)		(306,517)		(204,925)
INCOME FROM CONTINUING OPERATIONS	(92,831)		(919,550)		(614,771)
LOSS FROM DISCONTINUED OPERATIONS
NET OF TAX BENEFIT OF $78,850	(128,649)		-		(128,649)
NET INCOME	$             (221,480)		$                 (919,550)		$           (743,420)
NET INCOME PER SHARE:
Basic	$                  (0.02)		$                      (0.10)		$                (0.08)
Diluted	$                  (0.02)		$                      (0.10)		$                (0.08)
(1) -  Includes Intercompany transactions of $530,144, which are eliminated in consolidated total amounts.