UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549
                       ----------------------------------

                                    FORM 10-Q

              {X} QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                  FOR THE QUARTERLY PERIOD ENDED MARCH 31, 1997

                                       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 Number: 000-26622

                       COMPUTER MANAGEMENT SCIENCES, INC.
             (Exact name of registrant as specified in its charter)


            FLORIDA                                59-2264633
(State or other jurisdiction of      (I.R.S. Employer Identification Number)
incorporation or organization)

8133 Baymeadows Way, Jacksonville, Florida           32256
 (Address of principal executive offices)          (zip code)

                               (904) 737-8955
            (Registrant's telephone number, including area code)

                                       N/A
(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 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 ____

As of April 30, 1997 there were  13,157,754  shares of the  Registrant's  common
stock, $0.01 par value, outstanding.




<PAGE>


                       COMPUTER MANAGEMENT SCIENCES, INC.

                               Index to Form 10-Q
                      For the Quarter Ended March 31, 1997





                                                                  Page
                 PART I - FINANCIAL INFORMATION             


Item 1    Financial Statements

              Consolidated Balance Sheets                          3-4
              Consolidated Statements of Operations                 5
              Consolidated Statements of Cash Flows                 6
              Notes to Consolidated Financial Statements           7-8


Item 2    Management's Discussion and Analysis of Financial
          Condition and Results of Operations

              Results of Operations                               9-10
              Liquidity and Capital Resources                      11


                   PART II - OTHER INFORMATION


Items 1-6     Other Information                                    12

Signatures                                                         13



                                      -2-
<PAGE>




                       COMPUTER MANAGEMENT SCIENCES, INC.

                           Consolidated Balance Sheets



                                                  
                                                    March 31,      December 31,
                                                      1997             1996
                                                   (unaudited)      (restated)

Current assets:
     Cash and cash equivalents                  $   10,259,402     14,201,624
     Accounts receivable, net                       10,467,677      9,375,005
     Revenue earned in excess of billings            1,807,697      1,485,205
     Investments                                     6,346,473      4,895,482
     Other receivables                                 125,167         81,516
     Notes receivable                                  428,052        465,250
     Other current assets                               40,847        136,381
                                                  ------------  -------------
              Total current assets                  29,475,315     30,640,463
                                                  ------------  -------------

Property and equipment:
     Land                                            2,332,000      2,107,000
     Buildings and improvements                      4,233,671      3,309,151
     Computers and software                          2,854,947      2,656,423
     Office furniture and equipment                  1,652,031      1,435,101
     Vehicles                                          331,435        331,435
                                                  ------------  -------------
                                                    11,404,084      9,839,110
     Less accumulated depreciation                   2,451,058      2,248,972
                                                  ------------  -------------
              Net property and equipment             8,953,026      7,590,138

Other assets:
     Intangible assets, net of accumulated
         amortization of $461,389 and $310,280       3,927,367      2,628,664
     Land held for investment, at cost                 424,065        424,065
     Investments                                     5,545,766      5,542,369
     Notes receivable, less current portion          1,125,092      1,135,092
     Other                                             418,452        409,699
                                                  ------------  -------------
              Total other assets                    11,440,742     10,139,889
                                                  ------------  -------------

              Total assets                      $   49,869,083     48,370,490
                                                  ============  =============

                                                                (continued)


                                      -3-
<PAGE>




                       COMPUTER MANAGEMENT SCIENCES, INC.

                     Consolidated Balance Sheets, continued




                                                  March 31,      December 31,
                                                    1997             1996
                                                 (unaudited)      (restated)

Liabilities and Shareholders' Equity              

Current liabilities:
     Notes payable                                        100        864,411
     Accounts payable                                 168,549        282,275
     Accrued expenses                               2,613,930      2,824,711
     Unearned revenue                                 358,794        330,291
     Income taxes payable                           1,139,026        312,249
     Deferred income taxes                             94,211          -
                                                 ------------   ------------
              Total current liabilities             4,374,610      4,613,937
                                                 ------------  -------------

Long-term liabilities:
     Notes payable                                     45,146        114,814
     Deferred income taxes                            301,710        385,774
                                                 ------------  -------------
              Total long term liabilities             346,856        500,588
                                                 ------------  -------------

Shareholders' equity:
     Common stock, $.01 par value; 
         20,000,000 shares authorized, 
         12,998,451 and 12,997,101 shares 
         issued and outstanding in 1997 and 1996      129,985        129,971
     Preferred stock, $.01 par value; 5,000,000
         shares authorized, no shares issued and
         outstanding in 1997 and 1996                   -              -
     Paid-in capital                               30,298,784     30,290,455
     Retained earnings                             14,707,600     12,785,285
     Unrealized gain on investments, net of
         income tax                                    11,248         50,254
                                                 ------------  -------------
              Total shareholders' equity           45,147,617     43,255,965
                                                 ------------  -------------

              Total liabilities and 
                shareholders' equity           $   49,869,083     48,370,490
                                                 ============  =============







See accompanying notes to consolidated financial statements.


                                      -4-
<PAGE>

                       COMPUTER MANAGEMENT SCIENCES, INC.

                      Consolidated Statements of Operations
                                   (Unaudited)


                                             
                                                     For the Three Month
                                                    Period Ended March 31,
                                                     1997            1996
                                                                  (restated)

Revenue                                      $    16,229,154      13,073,010
Direct costs                                      10,047,799       7,952,943
                                               -------------   -------------
     Gross profit                                  6,181,355       5,120,067
Selling, general and administrative
     expenses                                      3,410,912       3,185,201
                                               -------------   -------------
              Income from operations               2,770,443       1,934,866

Other income (expense):
     Investment and other income                     346,685         383,124
     Interest expense                                 (7,813)        (31,818)
                                               -------------   -------------
                                                     338,872         351,306
                                               -------------   -------------

     Income before income taxes                    3,109,315       2,286,172

Provision for income taxes                         1,187,000         820,000
                                               -------------   -------------

Net income                                   $     1,922,315       1,466,172
                                               =============   =============

Pro forma information (note 2):
     Net income as reported                  $     1,922,315       1,466,172
     Pro forma charge in lieu of income taxes         -               98,153
                                               -------------   -------------

Pro forma net income                         $     1,922,315       1,368,019
                                               =============   =============

Pro forma net income per share               $           .13             .09
                                               =============   =============

Weighted average number of common
     and common equivalent shares
     outstanding                                  15,131,161      14,891,072




See accompanying notes to consolidated financial statements.


                                      -5-
<PAGE>

                       COMPUTER MANAGEMENT SCIENCES, INC.

                      Consolidated Statements of Cash Flows
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                                     For The Three Months
                                                                        Ended March 31,
                                                                  1997                1996
                                                                  ----                ----
                                                                                   (restated)
<S>                                                         <C>                    <C>    

Cash flow from operating activities:
  Net income                                                 $     1,922,315           1,466,172
  Adjustments to reconcile net income to
      net cash provided by operating activities:
           Depreciation and amortization                             353,193             123,292
           Net gain on disposition of property 
            and equipment                                             -                     (600)
           Deferred income taxes                                      49,247                 207
           Pooling adjustment to conform fiscal 
            year-ends                                                 -                   41,227
  Change in assets and liabilities:
      Increase in accounts and other receivables                  (1,421,859)         (2,433,681)
      Decrease in other current assets                                81,222               5,199
      Decrease in other assets                                         1,247               6,540
      Decrease (increase) in accounts payable 
       and accrued expense                                          (324,507)            346,712
      Increase (decrease) in unearned revenue                         28,503            (214,096)
      Increase in income taxes payable                               826,777             460,049
                                                               -------------       -------------

           Net cash provided by (used in) 
            operating activities                                   1,516,138            (198,979)
                                                               -------------       -------------

Cash flow from investing activities:
  Purchases of property and equipment                             (1,564,784)           (439,378)
  Proceeds from the sale of property and 
   equipment                                                          -                      600
  Purchase of investments, net                                    (1,518,182)         (4,877,541)
  Increase in intangible assets                                   (1,450,000)           (185,000)
  Decrease (increase) in notes receivable                                242            (275,000)
                                                               -------------       -------------

           Net cash used in investing activities                  (4,532,724)         (5,776,319)
                                                               -------------       -------------

Cash flow from financing activities:
  Repayment of notes payable                                        (933,979)           (145,806)
  Proceeds from issuance of common stock                               8,343               -
                                                               -------------       ------------- 

           Net cash used in financing activities                    (925,636)           (145,806)
                                                               -------------       -------------

           Net decrease in cash and cash equivalents              (3,942,222)         (6,121,104)

Cash and cash equivalents at beginning of period                  14,201,624          30,081,665
                                                               -------------       -------------

Cash and cash equivalents at end of period                   $    10,259,402          23,960,561
                                                               =============       =============


See accompanying notes to consolidated financial statements.
</TABLE>


                                      -6-
<PAGE>


                       COMPUTER MANAGEMENT SCIENCES, INC.

                   Notes to Consolidated Financial Statements



(1)    Organization and Basis of Presentation

       Computer  Management  Sciences,  Inc. (the  Company),  provides  computer
       systems  and  information  technology  consulting,   project  management,
       systems analysis and design, and programming services to a broad range of
       industries and  software/hardware  platforms.  The Company's services are
       generally  an  outside   resource   supplementing  a  client's   internal
       information  technology (IT) capabilities,  and include various technical
       services,  such as technology support services, IT solutions services and
       strategic IT consulting.

       The interim financial  information included herein is unaudited.  Certain
       information and footnote  disclosures  normally included in the financial
       statements  have been  condensed  or  omitted  pursuant  to the rules and
       regulations of the Securities and Exchange Commission (SEC), although the
       Company  believes  that the  disclosures  made are  adequate  to make the
       information  presented not misleading.  These financial statements should
       be read in  conjunction  with the financial  statements and related notes
       contained in the Company's  annual report on Form 10-K filed with the SEC
       on March 31,  1997.  Other than as indicated  herein,  there have been no
       significant  changes from the financial data published in that report. In
       the  opinion of  management,  such  unaudited  information  reflects  all
       adjustments,   consisting   of  normal   recurring   accruals  and  other
       adjustments   necessary  for  a  fair   presentation   of  the  unaudited
       information.

       The results of operations  for such interim  periods are not  necessarily
       indicative of the results for the full year.

(2)    Business Combinations

       On January 17,  1997,  the Company  issued  584,080  shares of its common
       stock  in  exchange  for all of the  outstanding  common  stock  of Miaco
       Corporation  (Miaco),  a  computer  consulting  firm,  based  in  Denver,
       Colorado,   specializing   in  relational   database  and   client/server
       technologies.  Miaco also has an office in Washington, D.C. This business
       combination was accounted for as a pooling-of-interests  combination and,
       accordingly,  the Company's historical  consolidated financial statements
       have been  restated to include the accounts and results of  operations of
       Miaco. Prior to its acquisition by the Company, Miaco's fiscal year ended
       on March 31.  Miaco's  fiscal year end was  conformed  with the Company's
       December  31 year end during  1996.  Miaco will  continue to operate as a
       wholly-owned subsidiary of the Company.

       On April 30,  1996,  the  Company  issued  approximately  945,907  shares
       (adjusted  for  subsequent  stock splits) of its common stock in exchange
       for all of the outstanding common stock of Summit Computer Services, Inc.
       (SCS), a Charlotte,  North Carolina based computer  consulting  firm with
       concentrated  expertise  in  client/server   technology.   This  business
       combination  has  been  accounted  for  as  a  pooling-of-interests  and,
       accordingly,  the  consolidated  financial  statements  for  all  periods
       presented  have been  restated  to include  the  accounts  and results of
       operations  of SCS.  Prior to its  acquisition  by the  Company,  SCS had
       elected S  Corporation  status for federal and state income tax purposes.
       As an S Corporation,  SCS's tax liability was the  responsibility  of its
       stockholders. To reflect the earnings of SCS on an after tax basis, a pro
       forma  charge in lieu of income has been  included,  in the  accompanying
       consolidated  statements  of  operations,  for the periods  preceding the
       termination of S Corporation status.



                                      -7-
<PAGE>


                       COMPUTER MANAGEMENT SCIENCES, INC.

              Notes to Consolidated Financial Statements, continued




(3)    Newly Issued Accounting Pronouncement

       During  February 1997, the Financial  Accounting  Standards  Board issued
       Statement of Financial  Accounting Standard No. 128, (SFAS 128) "Earnings
       Per Share". SFAS 128 governs the computation, presentation and disclosure
       requirements for earnings per share (EPS) for entities with publicly held
       common stock.  SFAS 128 was issued to simplify the computation of EPS and
       replaces the Primary and Fully diluted EPS calculations  currently in use
       with  calculations  of Basic and Diluted EPS.  SFAS 128 is effective  for
       both interim and annual  financial  statements  ending after December 15,
       1997, and earlier application is not permitted. The Company will begin to
       calculate EPS in compliance with SFAS 128 for the fourth quarter and year
       ended  December  31,  1997.  After  adoption,  all prior  period EPS data
       presented  will be restated to conform to SFAS 128.  The Company does not
       believe that the adoption of SFAS 128 will materially  impact  historical
       or future EPS.




                                      -8-
<PAGE>


                       COMPUTER MANAGEMENT SCIENCES, INC.

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


Forward Looking Statements

      This  Report  on Form  10-Q may  contain  certain  information  and  trend
statements that constitute  "forward-looking  statements"  within the meaning of
the  Private   Securities   Litigation  Reform  Act,  which  involve  risks  and
uncertainties.  Actual results may differ  materially from the results described
in the  forward-looking  statements.  When  used in  this  document,  the  words
"anticipate", "believe", "estimate", "expect", "intend", "project", "target" and
other  similar  expressions,  as they  relate to the  Company,  are  intended to
identify forward-looking  statements.  Such statements reflect the current views
of the Company with respect to future  events and are subject to certain  risks,
uncertainties  and  assumptions  that  include,  but are not limited to,  growth
through business  combinations and internal expansion,  the Company's ability to
attract   and  retain   qualified   consultants,   dependence   on   significant
relationships  and  the  absence  of  long-term  contracts,  project  risk,  the
Company's ability to effectively  manage a large and rapidly changing  business,
pricing and margin  pressures,  and competition.  Please refer to discussions of
these and other  factors in this Report and other Company forms on file with the
Securities  and  Exchange  Commission.  The  Company  disclaims  any  intent  or
obligation to update  publicly these  forward-looking  statements,  whether as a
result of new information, future events or otherwise.

      The following  discussion and analysis should be read in conjunction with,
and is  qualified in its entirety  by, the  consolidated  financial  statements,
including the notes  thereto,  and the Company's 1996 Annual Report on Form 10-K
on file with the  Securities  Exchange  Commission.  Historical  events  are not
necessarily  indicative  of trends in operating  results for any future  period.
Reference  is also made to the  above  paragraph,  with  regard to the risks and
uncertainties associated with forward-looking statements.

Results of Operations

       The  information  in the following  table is presented as a percentage of
net sales for the period indicated:

                                                   Percentage of Total Revenue
                                                       Three Months Ended
                                                            March 31,

                                                       1997         1996

       Revenue                                         100.0%        100.0%
       Direct Costs                                     61.9%         60.8%
       Gross Profit                                     38.1%         39.2%
       Selling, general, and administrative
            expenses                                    21.0%         24.4%
       Income from operations                           17.1%         14.8%
       Other income, net                                 2.1%          2.7%
       Income before income taxes                       19.2%         17.5%
       Provision for income taxes                        7.3%          6.3%
       Net income                                       11.8%         11.2%
       Pro forma net income                             11.8%         10.5%



                                      -9-
<PAGE>



                       COMPUTER MANAGEMENT SCIENCES, INC.

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



Revenue:

       Revenue for the first  quarter  ended March 31, 1997 was  $16,229,154,  a
       24.1% increase over revenue of $13,073,010  recorded in the first quarter
       of 1996.  The  increase  in  revenue  was  primarily  attributable  to an
       increase in volume of services  which was  sustained by the growth in the
       average  billable  consultant  headcount from 452 in the first quarter of
       1996 to 553 for the current period, a 22.3% increase.  Also  contributing
       to the  increase  in revenue  was a slight  change in the mix of services
       delivered  by the Company.  During the later part of 1996 and  continuing
       into  1997,   the  number  of  strategic  IT  solution   consulting   and
       outsourcing/fixed  bid  projects  undertaken  by the Company has steadily
       increased and positively  impacted  average  hourly  billing  rates.  The
       success of the Company's System  Outsourcing  Centers have contributed to
       the change in mix of services. However, revenue was adversely impacted by
       approximately  $450  thousand as result of two less  billing  days in the
       first quarter 1997 versus 1996 due to the timing of holidays. The Company
       will recoup one lost day during each of the second and fourth quarters of
       1997.

Gross Profits:

       The 1997  first  quarter  gross  profit of  $6,181,355  was a  $1,061,288
       improvement over the first quarter of 1996.  Expressed as a percentage of
       revenue,  however,  gross  profit was 38.1% in 1997 versus 39.2% in 1996.
       The increased  dollar amount is  attributable to the increase in revenue.
       The decline in the gross margin percentage is due to the two less billing
       days as discussed  above. On a comparable  basis (i.e.  assuming the same
       number of billing days quarter to quarter),  the gross margin  percentage
       would have been 40.9% in 1997. This is primarily due to the change in mix
       of services delivered,  as discussed above, which resulted in an increase
       in average  hourly billing rates of  approximately  5% during the current
       quarter.

S,G&A Expenses:

       Selling,  general and administrative  expenses totaled $3,410,912 for the
       first  quarter of 1997, an increase of $225,711 over the first quarter of
       1996.  Expressed  as a percentage  of revenue,  however,  S,G&A  expenses
       decreased  from  24.4% in the first  quarter  1996 to 21.0% for the first
       quarter 1997. The improved  percentage resulted from increased volume and
       cost  containment  of  marketing  and other  fixed  expenses.  Management
       believes  that this  percentage  will  continue to improve as the Company
       enters the third and fourth  quarter of 1997 and the January 1997 pooling
       with Miaco is fully assimilated.

Net Income and Pro Forma Net Income:

       Net income  increased  $554,296 to  $1,922,315  for the first  quarter of
       1997,  compared  to pro forma  net  income  of  $1,368,019  for the first
       quarter of 1996.  This  improved  performance  was a result of  increased
       revenue and cost containment of S,G&A expenses.  For the first quarter of
       1997,  the effective  tax rate was 38.2% versus 35.9% for the  comparable
       1996 period. The significant increase in the effective tax rate is due to
       the  business  combination  with SCS,  an S  Corporation  acquired by the
       Company on April 30, 1996. The  acquisition of SCS was accounted for as a
       pooling-of-interests.  As an S  Corporation,  SCS's tax liability was the
       responsibility of its stockholders.  To reflect the earnings of SCS on an
       after  tax  basis,  a pro forma  charge in lieu of income  taxes has been
       included  for the periods  preceding  the  termination  of S  Corporation
       status.  On a  comparable  basis,  pro forma net  income  expressed  as a
       percentage  of revenue  was 11.8% for the  quarter  ended  March 31, 1997
       versus 10.5% for the same period in 1996.



                                      -10-
<PAGE>


                       COMPUTER MANAGEMENT SCIENCES, INC.

                         Liquidity and Capital Resources



       During the three months ended March 31, 1997,  cash decreased  $3,942,222
       and  working  capital  dropped  $925,821.   While  a  number  of  factors
       contributed  to  the  change,  the  main  components  were  increases  in
       investments,   accounts  receivable,   and  property  and  equipment,  as
       discussed below.

       As of  December  31,  1996,  $12.8  million  was  invested  in funds with
       original  maturity  of ninety  days or less and were  classified  as cash
       equivalents,  versus  $8.9  million  at March 31,  1997.  In an effort to
       increase the return on investments, the Company acquired investments with
       maturities extending beyond ninety during the current quarter. By the end
       of the first quarter,  $6,346,473 was invested in current  securities and
       $5,545,766 was invested in various corporate and governmental  bonds with
       maturities exceeding one year.

       Accounts receivable increased $1,092,672 during the first three months of
       1997. The number days of sales outstanding  decreased 1 day since the end
       of 1996 to 59 days of  sales  outstanding.  Therefore,  the  increase  in
       accounts receivable is a reflection of increased sales volume experienced
       during the period.

       During the three months, the Company spent approximately $1.6 million for
       capital expenditures. Of the capital expenditures, $1.1 million was spent
       for property, buildings and improvements to house the Greenville SOC, and
       $0.4 million was spent for computer equipment, software and furniture for
       the Tallahassee and Greenville SOCs.

       The  Company  maintains  a  $750,000  revolving  credit  facility  with a
       commercial bank,  permitting  advances equal to the lesser of $750,000 or
       75% of "qualified  accounts" (defined as trade accounts  receivables less
       than 90 days old which  approximated  $9.6 million as of March 31, 1997).
       The credit  facility has been inactive  during 1997. The Company  assumed
       certain debt obligations totaling $931,020 in connection with its January
       1997 merger with Miaco, which were paid off during the quarter.

       The Company  currently  anticipates  that its existing cash and operating
       cash flow are  sufficient to meet both the Company's  short and long-term
       working  capital  requirements  and to fund  its  expansion  through  the
       establishment of additional branch offices,  SOC locations,  and possible
       acquisitions.


                                      -11-
<PAGE>


                       COMPUTER MANAGEMENT SCIENCES, INC.

                           Part II - Other Information




Item 1 -  Legal Proceedings - None

Item 2 - Changes in Securities - None

Item 3 - Defaults Upon Senior Securities - None

Item 4 - Submission of Matter to a Vote of Security Holders - None

Item 5 - Other Information - None

Item 6 - Exhibits and Reports on Form 8-K

     (a)   Exhibits -

           Exhibit 27 - Financial  Data  Schedule as of and for the three months
           ended March 31, 1997, pursuant to Article 5 of Regulation S-X.

     (b)    Reports:

           The Company filed a Form 8-K report on January 31, 1997, 
           Commission File No. 000-26622.



                                      -12-
<PAGE>


                       COMPUTER MANAGEMENT SCIENCES, INC.

                                   Signatures



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


                                              COMPUTER MANAGEMENT SCIENCES, INC.
                                                                    (Registrant)




Date:  May 14, 1997                           /s/ Anthony Colaluca
                                              --------------------
                                              Anthony Colaluca
                                              Vice President and 
                                              Chief Financial Officer



                                      -13-
<PAGE>