RENTRAK CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
	Three Months Ended March 31,
	2005		2004
Revenues	$           23,385,706		$           24,230,449
Operating Expenses:
Cost of sales	15,916,044		17,518,178
Selling and administrative	5,971,991		4,054,302
Net loss from litigation settlement	225,493		-
Asset impairment	26,627		-
	22,140,155		21,572,480
Income from operations	1,245,551		2,657,969
Other Income (expense):
Interest income	124,972		80,360
Interest expense	(1,101)		(1,344)
	123,871		79,016
Income before income taxes	1,369,422		2,736,985
Provision for income taxes	609,660		683,821
Net income	$                759,762		$             2,053,164
Net Income per share:
Basic	$                       0.07		$                       0.21
Diluted	$                       0.07		$                       0.20
The accompanying notes are an integral part of these condensed consolidated statements.