<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED CONDENSED FINANCIAL STATEMENTS OF LTX CORPORATION FOR THE QUARTER ENDED OCTOBER 31, 1994 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLAR <PERIOD-TYPE> QTR-1 <FISCAL-YEAR-END> JUL-31-1995 <PERIOD-START> AUG-1-1994 <PERIOD-END> OCT-31-1994 <EXCHANGE-RATE> 1 <CASH> 13,529 <SECURITIES> 0 <RECEIVABLES> 40,206 <ALLOWANCES> 700 <INVENTORY> 45,283 <CURRENT-ASSETS> 102,883 <PP&E> 82,270 <DEPRECIATION> 52,853 <TOTAL-ASSETS> 136,929 <CURRENT-LIABILITIES> 53,652 <BONDS> 41,434 <COMMON> 1,312 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 40,103 <TOTAL-LIABILITY-AND-EQUITY> 136,929 <SALES> 40,828 <TOTAL-REVENUES> 46,790 <CGS> 27,409 <TOTAL-COSTS> 30,929 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,343 <INCOME-PRETAX> 786 <INCOME-TAX> 0 <INCOME-CONTINUING> 786 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 786 <EPS-PRIMARY> 0.03 <EPS-DILUTED> 0.03