WEGENER CORP
10-Q/A, 1996-05-30
RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT
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<PAGE>



                                  FORM 10-Q/A
                         SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, D.C. 20549
(Mark One)
  [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                           SECURITIES EXCHANGE ACT OF 1934
For  the quarterly period ended March 1, 1996
                                          OR
  [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                           SECURITIES EXCHANGE ACT OF 1934
For  the transition period from_______________________to_______________________
 Commission file No. 0-11003
                                 WEGENER CORPORATION

                (Exact name of registrant as specified in its charter)
        DELAWARE                                    81-0371341
 (State of incorporation)                        (I.R.S. Employer
                                                 Identification No.)

11350 TECHNOLOGY CIRCLE, DULUTH, GEORGIA            30155-1528
 (Address of principal executive offices)           (Zip Code)
         REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE:  (770) 623-0096

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days:

         YES  X         NO ____
              ----

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of April 1, 1996.


COMMON STOCK, $.01 PAR VALUE                          8,741,788 SHARES
- ----------------------------                     -------------------------
        Class                                    Outstanding April 1, 1996



<PAGE>


                                      SIGNATURES
                                     -----------



   Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on it behalf by the
undersigned thereunto duly authorized.

                                       WEGENER CORPORATION
                                       -------------------
                                            (Registrant)


Date:  May 30, 1996                    By:   /s/ Robert A. Placek
                                           ------------------------------
                                                 Robert A. Placek
                                                 President



Date:  May 30, 1996                    By:   /s/ C. Troy Woodbury, Jr.
                                           -------------------------------
                                                 C. Troy Woodbury, Jr.
                                                 Treasurer and Chief
                                                 Financial Officer



<TABLE> <S> <C>

<PAGE>
<ARTICLE> 5
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-30-1996
<PERIOD-END>                               MAR-01-1996
<CASH>                                       1,285,437
<SECURITIES>                                         0
<RECEIVABLES>                                4,308,213
<ALLOWANCES>                                  (63,379)
<INVENTORY>                                 12,182,447
<CURRENT-ASSETS>                            17,765,688
<PP&E>                                      11,787,436
<DEPRECIATION>                             (7,185,213)
<TOTAL-ASSETS>                              23,405,556
<CURRENT-LIABILITIES>                        9,866,913
<BONDS>                                      1,905,070
                                0
                                          0
<COMMON>                                        92,320
<OTHER-SE>                                  11,541,253
<TOTAL-LIABILITY-AND-EQUITY>                23,405,556
<SALES>                                      9,909,295
<TOTAL-REVENUES>                             9,909,295
<CGS>                                        6,443,979
<TOTAL-COSTS>                                9,397,706
<OTHER-EXPENSES>                              (50,900)
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             310,798
<INCOME-PRETAX>                                251,691
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   251,691
<EPS-PRIMARY>                                      .03
<EPS-DILUTED>                                      .03
        

</TABLE>


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