<ARTICLE> 5 <LEGEND> THIS RESTATED SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS IN THE ANNUAL REPORT ON FORM 10-K OF DIGITAL MICROWAVE CORPORATION FOR THE FISCAL YEAR ENDED MARCH 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-START> APR-01-1996 <PERIOD-END> MAR-31-1997 <CASH> 40,374 <SECURITIES> 17,947 <RECEIVABLES> 61,235 <ALLOWANCES> 3,362 <INVENTORY> 51,469 <CURRENT-ASSETS> 173,256 <PP&E> 52,957 <DEPRECIATION> 33,757 <TOTAL-ASSETS> 193,199 <CURRENT-LIABILITIES> 67,734 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 370 <OTHER-SE> 124,937 <TOTAL-LIABILITY-AND-EQUITY> 193,199 <SALES> 211,337 <TOTAL-REVENUES> 211,337 <CGS> 137,261 <TOTAL-COSTS> 137,261 <OTHER-EXPENSES> 56,738 <LOSS-PROVISION> 1,400 <INTEREST-EXPENSE> 1,333 <INCOME-PRETAX> 16,425 <INCOME-TAX> 2,635 <INCOME-CONTINUING> 13,790 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 13,790 <EPS-PRIMARY> .36 <EPS-DILUTED> .35