SS&C Technologies Holdings Inc (NASDAQ:SSNC) stock surged 5.81% in the pre-market trading session on Friday, following the release of its impressive fourth-quarter 2024 financial results and positive outlook for the year ahead.

The company reported record adjusted revenue of $1.531 billion for Q4 2024, an 8.4% increase year-over-year, driven by strong growth in its GlobeOp, Wealth and Investment Technologies, and Global Investor Distribution Services businesses. Adjusted diluted earnings per share (EPS) also hit a record high of $1.58, up 25.4% compared to Q4 2023.

Furthermore, SS&C Technologies demonstrated robust profitability with an adjusted consolidated EBITDA of $599.1 million, representing a 39.1% margin. The company's cash flow from operating activities grew 25.3% to $486.6 million, highlighting its strong cash generation capabilities. Additionally, SS&C Technologies secured a strategic agreement with Insignia Financial, bolstering its presence in the Australian superannuation market.

For the full year 2025, SS&C Technologies provided a positive outlook, forecasting revenue between $6.085 billion and $6.245 billion, with organic revenue growth of 5% at the midpoint. Adjusted diluted EPS is expected to range from $5.64 to $5.96, reflecting continued growth and profitability.

The impressive financial results, coupled with the company's expansion into the Australian superannuation market and a favorable outlook for 2025, appear to have driven the significant surge in SS&C Technologies' stock price in pre-market trading.