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RENTRAK SALES AND EARNINGS RISE IN FIRST FISCAL QUARTER

 RENTRAK SALES AND EARNINGS RISE IN FIRST FISCAL QUARTER
 PORTLAND, Ore., July 23 /PRNewswire/ -- Rentrak Corporation


(NASDAQ; RENT), which distributed video cassettes programs to retailers throughout the United States and Canada through their innovative Pay- Per-Transaction (PPT) system, today announced net income of $226,156 or $0.02 per share on revenues of $11,133,927 for the first quarter ended June 30, 1992, as compared to a net loss of ($279,565) or ($0.03) on revenues of $8,691,301 for the quarter ended June 30, 1991.
 Outstanding shares as at June 30, 1992 were 9,449,308 as compared to 8,130,234 the previous year.
 Revenues at Rentrak Japan, the 1/3 owned joint venture with Culture Convenience Club Ltd. (CCC), increased to $8,353,438 for the quarter ended June 30, 1992 from $5,193,219 for the quarter ended June 30, 1991 with a decrease of net income from $475,571 in the first fiscal quarter ended June 30, 1991 to $186,180 for the same period this year.
 RENTRAK CORPORATION
 Statement of Operations
 Three Months Ended June 30 1992 1991
 Revenue 11,133,927 8,691,301
 Cost of sales 8,356,233 6,841,031
 Gross margin 2,777,694 1,850,270
 Net income (loss) 226,156 (279,565)
 Earnings per share .02 (.03)
 Total weighted avg.
 number of shares
 outstanding 9,449,308 8,130,234
 -0- 7/23/92
 /CONTACT: Richard Gersh of Richard Gersh Associates, 212-757-1101, for Rentrak/
 (RENT) CO: Rentrak Corporation ST: Oregon IN: ENT SU: ERN


SH-SM -- NY026 -- 2382 07/23/92 10:15 EDT
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Publication:PR Newswire
Date:Jul 23, 1992
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