<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE HAGLER BAILLY, INC. UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1997 </LEGEND> <CIK> 0001033693 <NAME> Hagler Bailly Inc <MULTIPLIER> 1 <CURRENCY> U.S DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <EXCHANGE-RATE> 1.000 <CASH> 1,996,983 <SECURITIES> 0 <RECEIVABLES> 25,487,635 <ALLOWANCES> 1,057,921 <INVENTORY> 0 <CURRENT-ASSETS> 41,620,709 <PP&E> 4,178,655 <DEPRECIATION> 1,788,465 <TOTAL-ASSETS> 52,236,276 <CURRENT-LIABILITIES> 10,247,505 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 79,825 <OTHER-SE> 41,908,947 <TOTAL-LIABILITY-AND-EQUITY> 52,236,276 <SALES> 57,807,521 <TOTAL-REVENUES> 57,807,521 <CGS> 44,536,388 <TOTAL-COSTS> 44,536,388 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 583,578 <INCOME-PRETAX> 6,189,942 <INCOME-TAX> 2,228,608 <INCOME-CONTINUING> 3,961,334 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,961,334 <EPS-PRIMARY> 0.55 <EPS-DILUTED> 0.55