<ARTICLE> 5 <LEGEND> This schedule contains summary financial informatin extracted from the Company's Financial Statements as of March 31, 1999 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000061004 <NAME> Lynch Corporation <MULTIPLIER> 1000 <CURRENCY> U.S. DOLLAR <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <EXCHANGE-RATE> 1 <CASH> 16,708 <SECURITIES> 1,287 <RECEIVABLES> 44,882 <ALLOWANCES> 736 <INVENTORY> 31,795 <CURRENT-ASSETS> 149,738 <PP&E> 207,251 <DEPRECIATION> 70,412 <TOTAL-ASSETS> 452,621 <CURRENT-LIABILITIES> 136,769 <BONDS> 244,680 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 5,139 <OTHER-SE> 23,392 <TOTAL-LIABILITY-AND-EQUITY> 452,621 <SALES> 95,123 <TOTAL-REVENUES> 95,123 <CGS> 83,668 <TOTAL-COSTS> 91,861 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,885 <INCOME-PRETAX> (16,143) <INCOME-TAX> 5,533 <INCOME-CONTINUING> (10,610) <DISCONTINUED> (551) <EXTRAORDINARY> (160) <CHANGES> 0 <NET-INCOME> (10,991) <EPS-PRIMARY> (7.75) <EPS-DILUTED> (7.75)