RENTRAK CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
Three Months Ending, March 31,
2003 2002
REVENUES:
   PPT  $           16,384,362  $           17,905,336
   Other                 5,354,246                 4,654,168
              21,738,608               22,559,504
OPERATING COSTS AND EXPENSES:
   Cost of sales               17,630,787               18,244,459
   Selling, general, and administrative                 3,487,161                 2,387,030
   Net gain from litigation settlement                                  -                (1,563,153)
   Asset Impairment                     844,041                    424,177
              21,961,989               19,492,513
INCOME (LOSS) FROM OPERATIONS                   (223,381)                 3,066,991
OTHER INCOME (EXPENSE):
   Interest income                     121,429                       30,203
   Interest expense                     (25,009)                       (6,726)
   Gain (Loss) on sale of investments                                  -                                  -
                      96,420                       23,477
INCOME (LOSS) FROM CONTINUING
OPERATIONS BEFORE INCOME TAX
   PROVISION (BENEFIT)                   (126,961)                 3,090,468
INCOME TAX PROVISION (BENEFIT)                     (27,772)                 1,110,816
INCOME (LOSS) FROM CONTINUING
    OPERATIONS                     (99,189)                 1,979,652
LOSS FROM DISCONTINUED
    OPERATIONS, NET OF TAX BENEFIT
    OF $52,727 AND $188,117                     (86,028)                   (317,336)
NET INCOME (LOSS)  $               (185,217)  $             1,662,316
EARNINGS (LOSS) PER SHARE:
    Basic:
       Continuing operations  $                      (0.01)  $                       0.20
       Discontinued operations  $                      (0.01)  $                     (0.03)
           Total  $                      (0.02)  $                       0.17
    Diluted:
       Continuing operations  $                      (0.01)  $                       0.19
       Discontinued operations  $                      (0.01)  $                     (0.03)
           Total  $                      (0.02)  $                       0.16