Condensed profiles are the search results displayed on the People page. They show you a freelancers top 4 credits and their availability.
You'll also have the option to contact the freelancer here and add to them to your company network/lists. If you have notes added to the person's profile, you'll also be able to view them here.
To see more information click on the profile picture or name, where you can view the freelancer's full profile. This will show you their full availability calendar and more detailed information including skills, about me, show reels, testimonials and a full credits list.