RENTRAK CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
	Three Months Ended March 31, 2004
	ENTERTAINMENT		FULFILLMENT		TOTAL
Revenues	$         24,230,449		$                      -		$    24,230,449
Operating Expenses:
Cost of sales	17,479,511		38,667		17,518,178
Selling and administrative	4,026,760		27,542		4,054,302
	21,506,271		66,209		21,572,480
Income (loss) from operations	2,724,178		(66,209)		2,657,969
Other income (expense)
Interest income	19,456		60,904		80,360
Interest expense	(1,344)		-		(1,344)
	18,112		60,904		79,016
Income (loss) before income taxes	2,742,290		(5,305)		2,736,985
Provision (benefit) for income taxes	685,837		(2,016)		683,821
Net Income (Loss)	$           2,056,453		$                (3,289)		$      2,053,164
Net Income (Loss) per Share:
Basic	$                   0.21		$                  (0.00)		$              0.21
Diluted	$                   0.20		$                  (0.00)		$              0.20