RENTRAK CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED, RESTATED)
	Twelve Months Ended March 31, 2003
	ENTERTAINMENT		FULFILLMENT		TOTAL
REVENUES	$           70,618,422		$      17,380,544	(1)	$      85,884,262
OPERATING COSTS AND EXPENSES:
Cost of sales	56,048,914	(1)	17,412,793		71,347,003
Selling, general, and administrative	12,035,829		2,398,514		14,434,343
Net gain from litigation settlement	(361,847)				(361,847)
Asset Impairment	-		844,041		844,041
	67,722,896		20,655,348		86,263,540
INCOME FROM OPERATIONS	2,895,526		(3,274,804)		(379,278)
OTHER INCOME (EXPENSE):
Interest income	138,759		65,524		204,283
Interest expense	(5,894)		(19,115)		(25,009)
	132,865		46,409		179,274
INCOME FROM CONTINUING
OPERATIONS BEFORE INCOME TAX
PROVISION	3,028,391		(3,228,395)		(200,004)
INCOME TAX PROVISION	1,171,263		(1,226,791)		(55,528)
INCOME FROM CONTINUING
OPERATIONS	1,857,128		(2,001,604)		(144,476)
LOSS FROM DISCONTINUED
OPERATIONS, NET OF TAX BENEFIT
OF $1,410,532	(582,627)		-		(582,627)
NET INCOME (LOSS)	$             1,274,501		$      (2,001,604)		$          (727,103)
NET INCOME (LOSS) PER SHARE:
Basic:
Continuing operations	$                       0.19		$                (0.21)		$                 (0.02)
Discontinued operations	(0.06)		-		(0.06)
Total	$                       0.13		$                (0.21)		$                 (0.08)
Diluted:
Continuing operations	$                       0.19		$                (0.21)		$                 (0.02)
Discontinued operations	(0.06)		-		(0.06)
Total	$                       0.13		$                (0.21)		$                 (0.08)
(1) -  Includes Intercompany transactions of $2,114,704, which are eliminated in consolidated total amounts.