RENTRAK CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
Three Months Ending, March 31, 2002
ENTERTAINMENT FULFILLMENT TOTAL
REVENUES:
     PPT  $           17,905,336  $                        -  $   17,905,336
     Other                 1,125,317           3,892,527  (1)          4,654,168
              19,030,653           3,892,527        22,559,504
OPERATING COSTS AND EXPENSES:
     Cost of sales               14,982,141  (1)           3,625,994        18,244,459
     Selling, general, and administrative                 2,287,222                 99,808          2,387,030
     Net gain from litigation settlement                (1,563,153)                            -        (1,563,153)
     Asset Impairment                                  -               424,177             424,177
              15,706,210           4,149,979        19,492,513
INCOME (LOSS) FROM OPERATIONS                 3,324,443             (257,452)          3,066,991
OTHER INCOME (EXPENSE):
     Interest income                       30,203                            -               30,203
     Interest expense                        (6,726)                            -                (6,726)
     Gain (Loss) on sale of investments                                  -                            -                          -
     Other                                  -                            -                          -
                      23,477                            -               23,477
INCOME (LOSS) FROM CONTINUING
OPERATIONS BEFORE INCOME TAX
    PROVISION (BENEFIT)                 3,347,920             (257,452)          3,090,468
INCOME TAX PROVISION (BENEFIT)                 1,173,476               (62,660)          1,110,816
INCOME FROM CONTINUING
    OPERATIONS                 2,174,444             (194,792)          1,979,652
LOSS FROM DISCONTINUED
    OPERATIONS, NET OF TAX BENEFIT
    OF $188,117                   (317,336)                            -            (317,336)
NET INCOME (LOSS)  $             1,857,108  $         (194,792)  $      1,662,316
EARNINGS (LOSS) PER SHARE:
    Basic:
       Continuing operations  $                       0.22  $                (0.02)  $                0.20
       Discontinued operations  $                      (0.03)  $                      -    $              (0.03)
           Total  $                       0.19  $                (0.02)  $                0.17
    Diluted:
       Continuing operations  $                       0.21  $                (0.02)  $                0.19
       Discontinued operations  $                      (0.03)  $                      -    $              (0.03)
           Total  $                       0.18  $                (0.02)  $                0.16
(1) -  Includes Intercompany transactions of $363,676, which are eliminated in consolidated total amounts.