JERUSALEM, May 20 (Reuters) - Wix.com ( WIX ), which

helps small businesses build and operate websites, reported on

Monday a higher-than-expected rise in quarterly net profit,

boosted by its new artificial intelligence (AI) and Studio

products for designing advanced websites.

The Israeli company posted earnings of $1.29 per diluted

share, excluding one-time items, compared with 91 cents per

share a year earlier. Revenue for the January-March quarter grew

12% to $420 million.

Analysts expected Wix to earn $1.05 per share excluding

one-time items on revenue of $418 million, LSEG data showed.

Wix raised its full year revenue outlook to $1.738-$1.761

billion, for annual growth of up to 13%. It expects

second-quarter revenue of $431-$435 million, up 11-12%.