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Article: Rentrak Corporation Reports Earnings for Fiscal 2000; E-Fulfillment Subsidiary 3PF.COM Revenues Increase.

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PR Newswire
Article date:
May 25, 2000
Copyright

New President Launches Earnings Enhancement Strategy

PORTLAND, Ore., May 25 /PRNewswire/ --

Rentrak Corporation (Nasdaq: RENT) today announced a 68 percent increase in net earnings for its fiscal year ended March 31, 2000. Net earnings for the year were $3.4 million or $0.32 per diluted share, compared with net earnings of $2.0 million or $0.18 per diluted share the prior year. Net earnings for the fiscal year benefited from a $2.4 million gain on the disposition of discontinued operations and a net gain of $7.8 million related to the settlement of the lawsuit with Hollywood Entertainment Corporation. Net fiscal year earnings were negatively affected ...

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