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Sirius Satellite Radio posted a 25 percent jump in second quarter revenues and pared back its net loss, as the company closed its final quarter as a stand alone company, Sirius XM Radio announced Thursday.

Sirius XM Radio, which closed its long-awaited merger between Sirius and XM Satellite Radio after the quarter ended, noted revenues for Sirius Satellite rose to $283 million for the three-month period ending June 30, up from $226.4 million a year earlier.

“Despite a tough economy and weak auto sales, gross additions set a new second quarter record. In the second quarter both revenue and subscribers grew 25 percent compared with last year,” Mel Karmazin, Sirius CEO, said in a statement.

He added that the company’s costs, meanwhile, remained essentially flat and aided in reducing its net loss.

Sirius Satellite posted a net loss of nearly $84 million, compared with a loss of $134.1 million a year ago.

With its merger with XM Satellite now completed, the combined company is expected to generate $400 million in cost savings next year and annualized revenues in excess of $2.4 billion.

“The combined company now has an annualized revenue run-rate of over $2.4 billion, making Sirius XM Radio one of the fastest growing and best positioned subscription media businesses,” Karmazin said. “With rapid integration efforts underway, we started realizing synergies on Day 1.”