<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> 40,547 <SECURITIES> 17,947 <RECEIVABLES> 62,990 <ALLOWANCES> 3,377 <INVENTORY> 54,003 <CURRENT-ASSETS> 177,776 <PP&E> 58,250 <DEPRECIATION> 36,403 <TOTAL-ASSETS> 200,504 <CURRENT-LIABILITIES> 72,544 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 513 <OTHER-SE> 126,747 <TOTAL-LIABILITY-AND-EQUITY> 200,504 <SALES> 213,441 <TOTAL-REVENUES> 213,441 <CGS> 141,000 <TOTAL-COSTS> 141,000 <OTHER-EXPENSES> 62,289 <LOSS-PROVISION> 1,400 <INTEREST-EXPENSE> 1,582 <INCOME-PRETAX> 9,096 <INCOME-TAX> 2,635 <INCOME-CONTINUING> 6,461 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,461 <EPS-BASIC> 0.16 <EPS-DILUTED> 0.13