Exhibit 11 DATA SWITCH CORPORATION COMPUTATION OF EARNINGS PER SHARE (000's except per share data) For the Three Months For the Six Months Ended June 30, Ended June 30, 1995 1994 1995 1994 _________ _________ ________ _________ Primary _______ Shares outstanding at the beginning of the period 12,486 12,290 12,377 12,176 Weighted average number of shares issued and issuable share equivalents 401 43 424 149 ________ _________ _________ _________ Weighted average number of common shares outstanding 12,887 12,333 12,801 12,325 ========= ========= ========= ========= Income before extra- ordinary gain $ 1,129 $ 457 $ 1,801 $ 572 ========= ========= ========= ========= Net income $ 1,142 $ 457 $ 1,909 $ 572 ========= ========= ========= ========= Primary earnings per share before extra- ordinary gain $ 0.09 $ 0.04 $ 0.14 $ 0.05 ========= ========= ========= ========= Primary earnings per share $ 0.09 $ 0.04 $ 0.15 $ 0.05 ========= ========= ========= ========= Fully Diluted _____________ Shares outstanding at the beginning of the period 12,486 12,290 12,377 12,176 Weighted average number of shares issued and issuable share equivalents 482 61 465 158 Assumed conversion of debentures 2,683 2,820 2,683 2,820 _________ _________ _________ _________ Weighted average number of shares issued and issuable share equivalents as adjusted for full dilution 15,651 15,171 15,525 15,154 ========= ========= ========= ========= Income before extra- ordinary gain $ 1,129 $ 457 $ 1,801 $ 572 ========= ========= ========= ========= Net income $ 1,142 $ 457 $ 1,909 $ 572 ========= ========= ========= ========= Adjustment for interest, net of tax, on convertible debentures 231 243 465 486 _________ _________ _________ _________ Adjusted net income before extraordinary gain $ 1,360 $ 700 $ 2,266 $ 1,058 ========= ========= ========= ========= Adjusted net income $ 1,373 $ 700 $ 2,374 $ 1,058 ========= ========= ========= ========= Fully diluted earnings per share before extra- ordinary gain $ 0.09 $ 0.05(a) $ 0.15(a) $ 0.07(a) ========= ========= ========= ========= Fully diluted earnings per share $ 0.09 $ 0.05(a) $ 0.15(a) $ 0.07(a) ========= ========= ========= ========= <FN> (a) These calculations are submitted in accordance with SEC Release No. 9083, although they are not in accordance with APB opinion No. 15 because the additional incremental shares are anti-dilutive and increase/decrease the reported net income per share.