Geospace Technologies shares surge 70.76% after-hours after shareholders elect directors and approve proposals.

Geospace Technologies (NASDAQ:GEOS) surged 70.76% in after-hours trading following its annual shareholder meeting, where proposals to elect directors and ratify auditors were overwhelmingly approved. Shareholders endorsed the election of three directors with strong vote margins and approved executive compensation and accounting firm ratification, signaling governance stability. Despite Q1 2026 earnings missing expectations and a 70% decline from its 52-week high, the stock’s sharp after-hours rebound suggests investor optimism about management’s strategic direction amid sector challenges. The positive reaction aligns with the shareholder approvals and hints at renewed confidence in leadership’s ability to navigate industry headwinds.