RENTRAK CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
Three Months Ended June 30, 2003
(restated)
ENTERTAINMENT FULFILLMENT TOTAL
REVENUES  $           14,794,689  $       4,649,827  (1)  $   18,914,372
OPERATING COSTS AND EXPENSES:
     Cost of sales               10,757,485  (1)           4,231,747        14,459,088
     Selling, general, and administrative                 3,860,547               470,002          4,330,549
              14,618,032           4,701,749        18,789,637
INCOME (LOSS) FROM OPERATIONS                     176,657               (51,922)             124,735
OTHER INCOME (EXPENSE):
     Interest income                       31,045                 24,394               55,439
     Interest expense                        (1,653)                  (4,396)                (6,049)
                      29,392                 19,998               49,390
INCOME (LOSS) BEFORE INCOME TAX
    PROVISION (BENEFIT)                     206,049               (31,924)             174,125
INCOME TAX PROVISION (BENEFIT)                       55,662               (12,131)               43,531
NET INCOME (LOSS)  $                150,387  $           (19,793)  $         130,594
NET INCOME (LOSS) PER SHARE:
    Basic  $                       0.01  $                      -    $                0.01
    Diluted  $                       0.01  $                      -    $                0.01
(1) -  Includes Intercompany transactions of $530,144, which are eliminated in consolidated total amounts.