RENTRAK CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
Three Months Ended September 30, 2003
(restated)
ENTERTAINMENT FULFILLMENT TOTAL
REVENUES  $         14,099,116  $              504,616  $    14,603,732
OPERATING EXPENSES:
   Cost of sales             10,444,120               2,021,286        12,465,406
   Selling and administrative               3,870,115                  270,593         4,140,708
            14,314,235               2,291,879        16,606,114
INCOME (LOSS) FROM OPERATIONS                (215,119)              (1,787,263)        (2,002,382)
OTHER INCOME (EXPENSE):
   Interest income                   20,658                   46,770              67,428
   Interest expense                    (1,776)                            -               (1,776)
                  18,882                   46,770              65,652
INCOME BEFORE TAXES                (196,237)              (1,740,493)        (1,936,730)
PROVISION FOR INCOME TAXES                  (49,059)                 (435,123)           (484,182)
NET INCOME  $             (147,178)  $          (1,305,370)  $     (1,452,548)
NET INCOME PER SHARE:
    Basic  $                  (0.02)  $                  (0.13)  $             (0.15)
    Diluted  $                  (0.02)  $                  (0.13)  $             (0.15)