SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                  --------------------------------------------
                                  F O R M 10-Q

                   Quarterly Report Under Section 13 or 15(d)
                     of the Securities Exchange Act of 1934
                  -------------------------------------------


For Quarter Ended  March 31, 1997               Commission File Number 0-7282
                   

                            COMPUTER HORIZONS CORP.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


           New York                                         13-2638902
-------------------------------                       ----------------------
(State or other jurisdiction of                          (I.R.S. Employer
incorporation or organization)                        Identification Number)

        49 Old Bloomfield Avenue, Mountain Lakes, New Jersey 07046-1495
--------------------------------------------------------------------------------
(Address of principal executive offices)                          (Zip code)

       Registrant's telephone number, including area code (201) 402-7400
                                                          --------------

                                 Not Applicable
            -------------------------------------------------------
            (Former name, former address and former fiscal year, if
                           changed since last report)

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  twelve 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.

                                X
                               ---              --
                               Yes              No

As of April  29,  1997,  the  issuer  had  16,266,205  shares  of  common  stock
outstanding.
<PAGE>
                             COMPUTER HORIZONS CORP.


                                      Index



            Part I            Financial Information

                              Consolidated Balance Sheets
                              March 31, 1997 and December 31, 1996        

                              Consolidated Statements of Income
                              Three Months Ended March 31, 1997
                              and March 29, 1996                          

                              Condensed Consolidated Statements of
                              Cash Flows  -  Three Months Ended
                              March 31, 1997 and March 29, 1996          

                              Notes to Consolidated Financial Statements  

                              Management's Discussion and Analysis
                              of Financial Condition and Results of
                              Operations                                  

            Part II           Other Information                           

                              Signatures
<PAGE>
<TABLE>
<CAPTION>
COMPUTER HORIZONS CORP. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS  (Unaudited)

                                                                     March 31,     December 31,
                                                                       1997           1996
                                                                      -------        -------
                                                                         (in thousands)
<S>                                                                   <C>            <C>
ASSETS
CURRENT ASSETS:
  Cash and cash equivalents ..................................        $ 6,450        $10,937
  Accounts receivable, net of allowance for doubtful
    accounts of $1,465,000 and $1,203,000 at March 31, 1997
    and December 31, 1996, respectively ......................         64,606         54,280
  Deferred income tax benefit ................................            830          1,024
  Other ......................................................            397            962
                                                                      -------        -------
          TOTAL CURRENT ASSETS ...............................         72,283         67,203
                                                                      -------        -------

PROPERTY AND EQUIPMENT .......................................          9,832          9,449
  Less accumulated depreciation ..............................          5,639          5,228
                                                                      -------        -------
                                                                        4,193          4,221
                                                                      -------        -------

OTHER ASSETS - NET:
  Goodwill ...................................................         13,173         13,322
  Deferred income tax benefit ................................            726            583
  Other ......................................................          2,659          3,083
                                                                      -------        -------
          TOTAL OTHER ASSETS .................................         16,558         16,988
                                                                      -------        -------


TOTAL ASSETS .................................................        $93,034        $88,412
                                                                      =======        =======


LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
  Current portion of long-term debt ..........................        $ 1,867        $ 1,867
  Accrued payroll, payroll taxes and benefits ................          9,415         11,963
  Accounts payable ...........................................            778          1,122
  Income taxes payable .......................................          3,296            940
  Other accrued expenses .....................................            868            749
                                                                      -------        -------
          TOTAL CURRENT LIABILITIES ..........................         16,224         16,641
                                                                      -------        -------

LONG-TERM DEBT ...............................................          1,432          1,432
                                                                      -------        -------

OTHER LIABILITIES ............................................          1,596          1,525
                                                                      -------        -------
<PAGE>
<CAPTION>
COMPUTER HORIZONS CORP. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS  (Unaudited)
(CONTINUED)

                                                                     March 31,     December 31,
                                                                       1997           1996
                                                                      -------        -------
                                                                         (in thousands)
<S>                                                                   <C>            <C>
SHAREHOLDERS' EQUITY:
  Preferred stock, $.10 par;  authorized and unissued 200,000
    shares,  including 50,000 Series A
  Common stock, $.10 par, authorized 30,000,000 shares; issued
    18,020,586 shares and 17,874,536 shares at March 31, 1997
    and December 31, 1996, respectively ......................          1,802          1,787
  Additional paid-in capital .................................         31,556         30,685
  Retained earnings ..........................................         55,072         50,990
                                                                      -------        -------
                                                                       88,430         83,462
  Less 1,786,883 shares held in treasury, at cost ............         14,648         14,648
                                                                      -------        -------
          TOTAL SHAREHOLDERS' EQUITY .........................         73,782         68,814
                                                                      -------        -------


TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY ...................        $93,034        $88,412
                                                                      =======        =======


See notes to consolidated financial statements.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COMPUTER HORIZONS CORP. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME (Unaudited)


                                                              THREE MONTHS ENDED
                                             ----------------------------------------------------
                                                 MARCH 31, 1997                MARCH 29, 1996
                                             ----------------------        ---------------------- 
                                                    (in thousands, except per share data)
<S>                                         <C>              <C>         <C>               <C>

REVENUES ................................    $ 69,749        100.0%        $ 57,031        100.0%
                                             --------        -----         --------        -----
COSTS AND EXPENSES:
     Direct costs .......................      47,899         68.7%          39,368         69.0%
     Selling, general
        and administrative ..............      14,955         21.4%          12,120         21.3%
                                             --------        -----         --------        -----
                                               62,854         90.1%          51,488         90.3%
                                             --------        -----         --------        -----

INCOME FROM OPERATIONS ..................       6,895          9.9%           5,543          9.7%
                                             --------        -----         --------        -----
OTHER INCOME (expense):
     Interest income ....................         112          0.2%             103          0.2%
     Interest expense ...................         (77)        -0.1%            (144)        -0.3%
     Equity in Joint Venture net earnings         150          0.2%             213          0.4%
                                             --------        -----         --------        -----
                                                  185          0.3%             172          0.3%
                                             --------        -----         --------        -----

INCOME BEFORE INCOME TAXES ..............       7,080         10.2%           5,715         10.0%
                                             --------        -----         --------        -----

INCOME TAXES:
     Current ............................       2,947          4.2%           2,437          4.3%
     Deferred ...........................          51          0.1%             (24)         0.0%
                                             --------        -----         --------        -----
                                                2,998          4.3%           2,413          4.2%
                                             --------        -----         --------        -----


NET INCOME ..............................    $  4,082          5.9%        $  3,302          5.8%
                                             ========        =====         ========        ===== 

EARNINGS PER SHARE:
     Net income                                 $0.24                         $0.20
                                             ========                      ========            

WEIGHTED AVERAGE NUMBER OF
SHARES OUTSTANDING                         17,071,000                    16,880,000
                                           ==========                    ==========            


See notes to consolidated financial statements.
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COMPUTER HORIZONS CORP. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

                                                            Three Months Ended
                                                          ---------------------- 
                                                          March 31,    March 29,
                                                            1997          1996
                                                          --------     --------
                                                              (in thousands)
<S>                                                       <C>          <C>
CASH FLOWS FROM OPERATING ACTIVITIES .................    ($ 5,414)    ($   614)
                                                          --------     --------

CASH FLOWS FROM INVESTING ACTIVITIES
   Purchases of property and equipment ...............        (383)        (314)
   (Increase) / decrease in other assets .............         424         (278)
                                                          --------     --------
                                                                41         (592)
                                                          --------     --------

CASH FLOWS FROM FINANCING ACTIVITIES
   Stock options exercised ...........................         886          803
                                                          --------     --------
                                                               886          803
                                                          --------     --------

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS .      (4,487)        (403)

CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR .......      10,937        9,166
                                                          --------     --------

CASH AND CASH EQUIVALENTS AT END OF PERIOD ...........    $  6,450     $  8,763
                                                          ========     ========


See notes to consolidated financial statements.
</TABLE>
<PAGE>
                             COMPUTER HORIZONS CORP.

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

            For the Quarters Ended March 31, 1997 and March 29, 1996



         The  information  furnished  reflects  all  adjustments  which,  in the
opinion  of the  Company,  are  necessary  to present  fairly  its  consolidated
financial  position and the results of its  operations  and changes in financial
position for the periods indicated.

         Reference is made to the Company's annual financial  statements for the
year ended  December 31, 1996,  for a description  of the  accounting  policies,
which have been continued without change. Also refer to the footnotes with those
annual statements for additional details of the Company's  financial  condition,
results of operations and changes in cash flows. The details in those notes have
not changed except as a result of normal transactions in the interim.

Impact of Accounting Pronouncement, Not Yet Adopted

         In February, 1997, the Financial Accounting Standards Board issued SFAS
No. 128, "Earnings per Share",  which requires public companies to present basic
earnings per share (EPS) and, if applicable, diluted earnings per share, instead
of primary and fully  diluted EPS.  Basic EPS is  calculated by dividing the net
income by the  weighted  average  number of shares  outstanding  for the period,
without  consideration  for common  stock  equivalents.  Diluted EPS is computed
similarly  to fully  diluted  EPS under the  provisions  of APB  Opinion No. 15.
Revision of the EPS standard had two  objectives -- to simplify the earnings per
share  calculation  and to  make  the EPS  standard  applicable  to US  entities
comparable  to the standards of most other  countries  and to the  international
standard, which was also recently revised.

         Although presentation of this new format is required for periods ending
after December 15, 1997,  early  application is not permitted.  Staff Accounting
Bulletin  No. 74,  however,  requires  public  companies to discuss the expected
impact of adopting the new  accounting  pronouncement.  Had EPS been  calculated
under SFAS No. 128, the Company's Pro-Forma Basic EPS and Diluted EPS would have
been as follows:
<TABLE>
<CAPTION>

                                              March 31, 1997      March 29, 1996
                                              --------------      --------------
<S>                                            <C>                 <C>
Pro-forma earnings per share:
     Basic ...............................     $      0.25         $      0.21
     Diluted .............................            0.24                0.20


Pro-forma weighted average number of
shares outstanding:
     Basic ...............................      16,188,000          15,716,000
     Diluted .............................      17,071,000          16,880,000
</TABLE>
<PAGE>
                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS

            For the Quarters Ended March 31, 1997 and March 29, 1996


         For the  first  quarter  ended  March 31,  1997,  revenues  were  $69.7
million,  a 22%  increase  over the first  quarter of 1996.  Year 2000  services
revenues, which were less than $1 million in the first quarter of 1996, exceeded
$11 million for this year's first quarter.  Staffing business  continues strong,
with  revenue  for the first  quarter  totaling  $49  million,  up well over 30%
compared to last year's first quarter.  Solutions revenues,  excluding Year 2000
services,  were $9.5 million, down significantly ($9.3 million) when compared to
last year's first quarter.

         Direct  cost,  as a  percentage  of  revenues,  was  68.7% in the first
quarter,  300 basis points lower than a year ago. In general,  gross margins are
firm in staffing  and superior for the Year 2000  business.  Year 2000  business
accounted  for 16% of total  revenues in the first  quarter of 1997 versus 2% in
the first quarter of 1996.

         Selling, general and administrative spending levels are at a percentage
of revenue substantially equal to the first quarter of 1996.

         With gross profit margins improving and relatively stable SG&A expenses
as a percentage of revenue,  1997's  operating margin improved to 9.9% from 9.7%
last year.

         Total other income in the first quarter was $185,000 versus $172,000 in
the prior year first  quarter.  The net  increase  was  impacted by two factors.
During the 1997 first quarter there was reduced  interest  expense and increased
interest  income.  However,  this was offset by a decrease in earnings  from the
Birla  Horizons  Indian  joint  venture.  The  decline  in Birla  income in 1997
reflects  significant  investments  the joint venture is making in the Year 2000
and solutions side of the business.  These investments and reduced income levels
are expected to continue into the second half of 1997.

         Income  before  income taxes  increased by 24% in the first  quarter of
this year as  compared  to last  year's  first  quarter,  $7.1  million vs. $5.7
million.  As a percentage of revenues,  income  before income taxes  improved to
10.2% from 10.0% last year.

         Net income  totaled $4.1  million and 5.9% of revenues,  up by 24% from
last year's $3.3 million.  Earnings per share were $0.24 versus $0.20 last year,
an increase of 20%. Shares  outstanding  were slightly higher at 17.1 million in
the first quarter of 1997 versus 16.9 million a year ago.
 
         As of March 31, 1997,  the Company had a current ratio  position of 4.5
to 1,  including cash and cash  equivalents  of $6.5 million,  and had available
bank lines of credit of $25.0 million.  The Company's long-term debt,  inclusive
of current  maturities,  is only $3.3 million,  or less than 5% of shareholders'
equity.  The  Company  believes  that its cash,  lines of credit and  internally
generated  funds will be  sufficient  to meet its working  capital  needs for at
least the next 12 months.

         In the twelve month period ending March 31, 1997, the Company  acquired
$1.4 million of capital assets. Although there are no material, firm commitments
for capital  spending  over the next twelve  months,  the Company  anticipates a
spending level in line with that of the previous twelve months.
<PAGE>
                            PART II Other Information 




Item 6.

         b) No reports on Form 8-K have been filed  during the quarter for which
this report is filed.


                                   Signatures

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


                                               COMPUTER HORIZONS CORP.
                                               -----------------------
                                                    (Registrant)



DATE: May 1, 1997                              /s/John J. Cassese
                                               ------------------ 
                                                  John J. Cassese 
                                                  Chairman of the Board
                                                  and President


DATE: May 1, 1997                              /s/William J. Murphy
                                               -------------------- 
                                                  William J. Murphy 
                                                  Executive Vice President
                                                  and Chief Financial Officer
                                                  (Principal Financial Officer)


DATE: May 1, 1997                              /s/Michael J. Shea
                                               -----------------------
                                                  Michael J. Shea
                                                  Vice President and Controller
                                                  (Principal Accounting Officer)