<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS IN THE REGISTRATION STATEMENT ON FORM S-1 OF AVANEX CORPORATION FOR THE QUARTER ENDED OCTOBER 1, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JUN-30-2000 <PERIOD-START> JUL-01-1999 <PERIOD-END> OCT-01-1999 <CASH> 6,632 <SECURITIES> 8,006 <RECEIVABLES> 3,454 <ALLOWANCES> 345 <INVENTORY> 1,261 <CURRENT-ASSETS> 20,290 <PP&E> 4,047 <DEPRECIATION> 688 <TOTAL-ASSETS> 25,068 <CURRENT-LIABILITIES> 6,116 <BONDS> 26,751 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 14 <OTHER-SE> 24,976 <TOTAL-LIABILITY-AND-EQUITY> 25,068 <SALES> 4,417 <TOTAL-REVENUES> 4,417 <CGS> 3,431 <TOTAL-COSTS> 3,431 <OTHER-EXPENSES> 950 <LOSS-PROVISION> 315 <INTEREST-EXPENSE> 101 <INCOME-PRETAX> (7,470) <INCOME-TAX> 0 <INCOME-CONTINUING> (7,470) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (22,431) <EPS-BASIC> (6.06) <EPS-DILUTED> (6.06)