<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR THE PERIOD ENDED MARCH 27, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0001002531 <NAME> TOLLGRADE COMMUNICATIONS, INC. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-27-1999 <CASH> 8,201,373 <SECURITIES> 13,227,968 <RECEIVABLES> 9,755,810 <ALLOWANCES> 199,886 <INVENTORY> 14,435,323 <CURRENT-ASSETS> 46,486,979 <PP&E> 7,534,844 <DEPRECIATION> 4,096,038 <TOTAL-ASSETS> 50,913,793 <CURRENT-LIABILITIES> 4,452,416 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,186,913 <OTHER-SE> 45,264,514 <TOTAL-LIABILITY-AND-EQUITY> 50,913,793 <SALES> 11,120,345 <TOTAL-REVENUES> 11,120,345 <CGS> 4,751,944 <TOTAL-COSTS> 4,751,944 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 100,000 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 2,317,060 <INCOME-TAX> 831,000 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,486,060 <EPS-PRIMARY> .26 <EPS-DILUTED> .25