<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS OF COMPUTER NETWORK TECHNOLOGY CORPORATION AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 11,465 <SECURITIES> 24,267 <RECEIVABLES> 20,190 <ALLOWANCES> 1,044 <INVENTORY> 10,797 <CURRENT-ASSETS> 68,664 <PP&E> 23,391 <DEPRECIATION> 15,272 <TOTAL-ASSETS> 84,657 <CURRENT-LIABILITIES> 18,765 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 234 <OTHER-SE> 64,273 <TOTAL-LIABILITY-AND-EQUITY> 84,657 <SALES> 55,355 <TOTAL-REVENUES> 71,879 <CGS> 19,148 <TOTAL-COSTS> 31,845 <OTHER-EXPENSES> 10,002<F1> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 25 <INCOME-PRETAX> 3,506 <INCOME-TAX> 1,230 <INCOME-CONTINUING> 2,276 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,276 <EPS-PRIMARY> .10<F2> <EPS-DILUTED> .10 <FN> <F1>Amount presented represents engineering and development expense <F2>Amount presented represents Basic Net Income (loss) per share </FN>