China Sunergy Co., Ltd. (CSUN), a solar cell manufacturer in China, reported better than expected second quarter financial results this morning. Revenues rose to $111.6 million, an increase of 98.6% year-over-year and 44.9% sequentially. Net income was $3.1 million, or 8 cents per ADS, compared to a net loss of $3.5 million for the same period last year, and an improvement of 520% sequentially from $0.5 million. Analysts were looking for earnings of 3 cents per ADS on revenues of $94.7 million.