RENTRAK CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
Three Months Ending, March 31, 2003
ENTERTAINMENT FULFILLMENT TOTAL
REVENUES:
     PPT  $           16,384,362  $                        -  $   16,384,362
     Other                 1,254,338           4,594,409  (1)          5,354,246
              17,638,700           4,594,409        21,738,608
OPERATING COSTS AND EXPENSES:
   Cost of sales               13,898,967  (1)           4,226,321        17,630,787
   Selling, general, and administrative                 2,888,076               599,085          3,487,161
   Asset Impairment                                  -               844,041             844,041
              16,787,043           5,669,447        21,961,989
INCOME (LOSS) FROM OPERATIONS                     851,657          (1,075,038)            (223,381)
OTHER INCOME (EXPENSE):
   Interest income                       55,905                 65,524             121,429
   Interest expense                        (5,894)               (19,115)              (25,009)
  Other                                  -                            -                          -
                      50,011                 46,409               96,420
INCOME (LOSS) FROM CONTINUING
OPERATIONS BEFORE INCOME TAX
      PROVISION (BENEFIT)                     901,668          (1,028,629)            (126,961)
INCOME TAX PROVISION (BENEFIT)                     363,107             (390,879)              (27,772)
INCOME (LOSS) FROM CONTINUING
    OPERATIONS                     538,561             (637,750)              (99,189)
LOSS FROM DISCONTINUED
    OPERATIONS, NET OF TAX BENEFIT
    OF $52,727                     (86,028)                            -              (86,028)
NET INCOME (LOSS)  $                452,533  $         (637,750)  $       (185,217)
EARNINGS (LOSS) PER SHARE:
    Basic:
       Continuing operations  $                       0.06  $                (0.07)  $              (0.01)
       Discontinued operations  $                      (0.01)  $                      -    $              (0.01)
           Total  $                       0.05  $                (0.07)  $              (0.02)
    Diluted:
       Continuing operations  $                       0.06  $                (0.07)  $              (0.01)
       Discontinued operations  $                      (0.01)  $                      -    $              (0.01)
           Total  $                       0.05  $                (0.07)  $              (0.02)
(1) -  Includes Intercompany transactions of $494,501, which are eliminated in consolidated total amounts.