<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR THE PERIOD ENDED 6/26/99 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0001002531 <NAME> TOLLGRADE COMMUNICATIONS, INC. <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> MAR-28-1999 <PERIOD-END> JUN-26-1999 <CASH> 9,666,494 <SECURITIES> 12,073,738 <RECEIVABLES> 12,028,872 <ALLOWANCES> 198,801 <INVENTORY> 14,875,931 <CURRENT-ASSETS> 48,091,953 <PP&E> 7,613,021 <DEPRECIATION> 4,088,543 <TOTAL-ASSETS> 53,408,726 <CURRENT-LIABILITIES> 4,702,258 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,192,013 <OTHER-SE> 47,504,505 <TOTAL-LIABILITY-AND-EQUITY> 53,408,726 <SALES> 14,269,719 <TOTAL-REVENUES> 14,269,719 <CGS> 5,902,774 <TOTAL-COSTS> 5,902,774 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 3,713,034 <INCOME-TAX> 1,339,855 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,373,179 <EPS-BASIC> 0.41 <EPS-DILUTED> 0.41